Nestled in a prime location close to downtown ABQ, museums, library, theaters & north of the National Hispanic Cultural Center, this triplex presents an opportunity for seasoned investors and owner-occupants looking to make a smart real estate move. Each unit is 2 bed 1 bath with their own back yard. Units A & B have been updated with fresh paint, new flooring, new fixtures and restroom/kitchen upgrades. Unit A has W&D & new electric oven. Owner recently added security pedestrian gate, secured parking and sewer cleanouts. Unit A is currently owner-occupied. This arrangement can be a savvy way to offset your living expenses and simultaneously build wealth through real estate investment.
Sold
Price Unknown
501 Simpier Ln SW, Albuquerque, NM 87102
6beds
3baths
2,539sqft
Triplex, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$2,778 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,778/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Alexandria D. Oberbeck 505-804-4903,
Southwest Elite Real Estate,
Jonathan M Ortiz 505-363-8451,
Southwest Elite Real Estate
Bought with:
Jose Luis Tinoco-Lopez, REC20220662
Re/Max Exclusive
Source: SWMLS,MLS#: 1044696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Free-Standing Electric Range, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,539
- Total interior livable area: 2,539 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 sqft
Details
- Parcel number: 101405603346021012
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2024 | Sold | -- |
Source:  SWMLS #1044696 Report a problem | ||
| 12/13/2023 | Pending sale | $399,900$158/sqft |
Source: SWMLS #1044696 Report a problem | ||
| 11/21/2023 | Listed for sale | $399,900$158/sqft |
Source: SWMLS #1044696 Report a problem | ||
| 11/16/2023 | Pending sale | $399,900$158/sqft |
Source: SWMLS #1044696 Report a problem | ||
| 11/13/2023 | Listed for sale | $399,900+67%$158/sqft |
Source: SWMLS #1044696 Report a problem | ||
| 11/4/2021 | Sold | -- |
Source: SWMLS #999499 Report a problem | ||
| 9/17/2021 | Pending sale | $239,500$94/sqft |
Source: SWMLS #999499 Report a problem | ||
| 8/23/2021 | Listed for sale | $239,500$94/sqft |
Source: SWMLS #999499 Report a problem | ||
| 6/5/2020 | Listing removed | $739 |
Source: T & C Management, LLC Report a problem | ||
| 5/28/2020 | Listed for rent | $739+1.4% |
Source: T & C Management, LLC Report a problem | ||
| 2/20/2020 | Listing removed | $729 |
Source: T & C Management, LLC Report a problem | ||
| 1/25/2020 | Listed for rent | $729+13.9% |
Source: T & C Management, LLC Report a problem | ||
| 6/17/2016 | Listing removed | $640-0.8% |
Source: Brickleys Property Solutions Report a problem | ||
| 5/17/2014 | Listing removed | $645 |
Source: Brickleys Property Solutions #807750 Report a problem | ||
| 4/22/2014 | Price change | $645-0.8% |
Source: Brickleys Property Solutions #807750 Report a problem | ||
| 3/16/2014 | Price change | $650-7.1% |
Source: Brickleys Property Solutions #807750 Report a problem | ||
| 3/6/2014 | Price change | $700-3.4% |
Source: Brickleys Property Solutions #807750 Report a problem | ||
| 2/20/2014 | Listed for rent | $725 |
Source: Brickleys Property Solutions #807750 Report a problem | ||
| 10/31/2012 | Sold | -- |
Source: Public Record Report a problem | ||
| 8/18/2005 | Sold | -- |
Source: Public Record Report a problem | ||
| 3/5/2001 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,541 +46.3% | $114,656 +42.5% |
| 2024 | $3,787 -0.7% | $80,479 +3% |
| 2023 | $3,813 +5.6% | $78,135 +3% |
| 2022 | $3,611 +190% | $75,859 +44.4% |
| 2021 | $1,245 -49.1% | $52,525 +3% |
| 2020 | $2,446 | $50,995 |
| 2019 | -- | $50,995 |
| 2018 | $2,166 -9.7% | $50,995 +1.3% |
| 2017 | $2,399 +7.3% | $50,332 +6.1% |
| 2016 | $2,237 -95.1% | $47,444 +3% |
| 2015 | $46,062 +2044.4% | $46,062 |
| 2014 | $2,148 | $46,062 -1% |
| 2013 | $2,148 | $46,529 -17.5% |
| 2012 | -- | $56,369 |
| 2011 | -- | $56,369 |
| 2010 | -- | $56,369 +3% |
| 2009 | -- | $54,728 |
| 2008 | -- | $54,728 +6.5% |
| 2007 | -- | $51,395 +0% |
| 2006 | -- | $51,394 +36% |
| 2005 | -- | $37,799 +3% |
| 2004 | -- | $36,699 +3% |
| 2003 | -- | $35,630 |
| 2002 | -- | $35,630 +3% |
| 2001 | -- | $34,597 -3.3% |
| 2000 | -- | $35,764 |
Find assessor info on the county website
Neighborhood: Barelas
Nearby schools
GreatSchools rating
- 6/10Dolores Gonzales Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.1 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87102
- Barelas
- 501 Simpier Ln SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
